Outer Banks: A Case Study in Luxury Vacation Rentals
August 5, 2008. The Outer Banks of North Carolina might be an example of a travel phenomenom happening across the country. According to a recent newspaper article, this beach destination saw an increase in visitors this June over June of last year. That, despite "soaring gas prices and other impediments to tourism."
One thing is clear: visitors overwhelmingly preferred to rent houses and condos for their accomodations.
While stays at campgrounds, hotels and motels was down, and restaurants reported less business, the overall numbers were up, especially at vacation homes.
Interestingly, one grocery store owner said his business was up this year. The trends suggest many travelers may be taking advantage of the kitchens at their homes-away-from-home... opting to eat in, instead of eat out. One can imagine the overall price savings!
